What is Intest Corp worth?
With the base-case assumptions below, a discounted cash flow model on Intest Corp's reported free cash flow gives $16.64 per share. The share price was $13.90 on November 10, 2026, 16% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $10.61 | -24% |
| Base | 15.0% | 9.0% | $16.64 | +20% |
| Bull | 20.0% | 8.0% | $27.88 | +101% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $21.21 | $22.64 | $24.38 | $26.56 | $29.36 |
| 8.0% | $17.78 | $18.70 | $19.80 | $21.11 | $22.71 |
| 9.0% | $15.28 | $15.91 | $16.64 | $17.49 | $18.50 |
| 10.0% | $13.39 | $13.84 | $14.35 | $14.93 | $15.60 |
| 11.0% | $11.91 | $12.24 | $12.60 | $13.02 | $13.49 |
Where the presets come from
Base: years 1 to 5 grow at Intest Corp's revenue growth rate over the last 5 fiscal years (16.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions